British Business - Sept 20
Sept 20 (Reuters) -The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
The Times
- Journalists at Guardian Media Group have revolted against a planned sale of The Observer over concerns that it could harm the financial security of staff members.
The Guardian
- Thames Water is trying to buy time to avoid running out of funds by rewriting loan agreements with its lenders as its future hangs in the balance.
- British clothing retailer Next NXT.L said it may close stores if it loses an appeal against a landmark equal pay claim.
The Telegraph
- British business and trade minister Jonathan Reynolds has criticised Amazon's AMZN.O decision to order staff back into the office five days per week.
- Rachel Reeves has been urged to restore winter fuel payments for millions of pensioners after the Bank of England handed the Chancellor a fiscal boost worth up to 10 billion pounds ($13.28 billion).
Sky News
- Chrysalis CHRY.L and IP Group IPO.L will receive roughly 220 million pounds in proceeds from the sale of fraud detection firm Featurespace to Visa V.N.
The Independent
Former Brexit party leader Nigel Farage said he is "relinquishing" his majority shareholder position of Reform UK, one day before the party begins its annual conference.
($1 = 0.7530 pounds)
(Compiled by Bengaluru newsroom)
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